IMF sounds ‘legal, economic’ alarms over El Salvador’s Bitcoin adoption

The International Monetary Fund (IMF), a global, intergovernmental economic and financial body, condemned El Salvador’s move to make Bitcoin an official ‘legal tender’ in the country citing economic and legal risks.
The post IMF sounds ‘legal, economic’ alarms over El Salvador’s Bitcoin adoption appeared first on CryptoSlate.

Coinbase teams up with 401(k) provider to offer cryptocurrency plans for retirement

Nasdaq listed cryptocurrency exchange, Coinbase, has teamed up with ForUsAll, which is a leading investment platform for small and medium businesses, to provide crypto investment options in the 401k plans.
The post Coinbase teams up with 401(k) provider to offer cryptocurrency plans for retirement appeared first on CryptoSlate.

Unbound Finance raises $5.8m led by Pantera Capital and Arrington XRP Capital

Unbound Finance has secured $5.8 million in investment from leading crypto investors, including Pantera Capital and Arrington XRP Capital, to support the firm and become the first-ever decentralized cross-chain stablecoin.  Unbound is aiming to create capital-efficient products that are both native and composable to the DeFi ecosystem.
The post Unbound Finance raises $5.8m led by Pantera Capital and Arrington XRP Capital appeared first on CryptoSlate.